+1.80(+0.15%)

+0.02(+0.16%)

+0.00(+0.02%)

Sears shares hit a new all-time low of $1.27. Earlier in the week, Sears CEO Eddie Lampert's hedge fund, ESL Investments, said it would buy the Kenmore brand from Sears for $400 million in cash, should it secure additional financing. Sears' stock has fallen 84 percent over the past 12 months, bringing the retailer's market cap to about $144 million.